Blue arrow - bullish engulfing candle + double bottom + HL, leads us to yellow arrow up to 32K per 1 BTC
From there 2 options:
Green arrows - up. In favour of this play will be broken bearish trendline from ATH, established higher low and new higher high that could mean reversal and new bull market.
Red dashed arrow - down to 11,5K (most likely will be frontrun). In favour of this is weakly looking global economics (but hey, it looked like sh#t in 2020 too)
From there 2 options:
Green arrows - up. In favour of this play will be broken bearish trendline from ATH, established higher low and new higher high that could mean reversal and new bull market.
Red dashed arrow - down to 11,5K (most likely will be frontrun). In favour of this is weakly looking global economics (but hey, it looked like sh#t in 2020 too)
